GPI to list on the JSE
Fri, 16 May 2008 13:17Western Cape based gaming group Grand Parade Investments on Friday announced its intention to list on the JSE main board. GPI was formed in 1997 as Sun Internatioanl primary BEE partner in the Western Cape.
The company holds a 26 point 41 percent interest in SunWest casino - which it is looking to increase to close to 30 percent. Other major assets include the Table Bay Hotel and Cape Town International Convention Centre.
The listing is scheduled for the 6th June and will be on the main board's General Financial sector. For more on that listing - stay tuned to Power Lunch. Alec will be speaking to CEO Hassen Adams.
NEWS ON CNBC AFRICA
Lunchtime News Wrap
-
Ambani brothers in MTN saga
-
BHP and Chinalco in Rio face-off
-
Yuan extends gains against the dollar
-
African Business News
-
Morning News Wrap
-
Commodities Report
-
Global Markets Report
-
CNBC Africa Markets Report
-Janice Du Preez
Lehman Brothers surprised at 0.5% rate hike
-
